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Wachovia Corporation News Archives

Wachovia Corporation News Archives for July 2008

« June 2008

July 2008

3 hrs ago | Bizjournals

Can Wachovia brand rebound from current woes?

The former First Union Corp. rebuilt its image in 2001 after buying Winston-Salem-based Wachovia Corp.

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Related Topix: Financial Services, Banking

Mon Jul 07, 2008

Jacksonville Business Journal

Mary Beth Navarro

Wachovia Corp. has dropped advertising agency Mullen from the bank's review of its estimated $120 million advertising account.

Comment?

Related Topix: Financial Services, Banking, Marketing

Sun Jul 06, 2008

Bizjournals

Wachovia in play? Analysts think a sale faces hurdles

Wachovia Corp. 's recent hiring of Goldman Sachs & Co., well-known for advising large companies on headline-making mergers and acquisitions, has set off alarm bells for some industry watchers.

Comment?

Related Topix: Financial Services, Banking, Investment Services

Sat Jul 05, 2008

News On Women

Therea LaPlaca made CFO at Wachovia's Capital Management Group

Wachovia Corporation appointed Theresa LaPlaca Chief Financial Officer of their Capital Management Group.

Comment?

Related Topix: Financial Services, Banking

Fri Jul 04, 2008

South Florida Business Journal

Wachovia unit names chief investment officer

Wachovia Global Securities Lending has appointed Kevin O'Connor as chief investment officer, effective immediately.

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Related Topix: Financial Services, Banking

Hot Property

Pick-A-Pay Goes Away...

When Wachovia bought Golden West Financial two years ago, executives at the Charlotte-based bank gushed about how they could take the "Pick-A-Pay" mortgage that was Golden West's signature product and expand it ...

Comment?

Related Topix: Foreclosures, Housing, Banking, Financial Services, Golden West Financial, Home, Mortgage, Personal Finance

Thu Jul 03, 2008

Boston Business Journal

Mullen bounced from $120 million account

Advertising agency Mullen has been dropped from the review of Wachovia Corp. 's estimated $120 million advertising account, according to a report on Adweek.com. Wenham, Mass.-based Mullen was the incumbent on ...

Comment?

Related Topix: Financial Services, Banking, Wenham, MA

Housing Wire

Fitch Mulls Downgrade of Wachovia over Option ARMs

The infamous Pick-a-Pay is coming home to roost at Wachovia Corp. , with Fitch Ratings warning on Friday of a likely downgrade to the Charlotte, North Carolina-based bank over concern about the company's ...

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Investment Services, Investment Banking, Goldman Sachs Group

Charlotte Business Journal

How losing bank could change city

It is the question no one wants to answer, but everyone is asking. What happens to Charlotte if Wachovia Corp.

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Related Topix: Financial Services, Banking

Wed Jul 02, 2008

Tampa Bay Business Journal

Wachovia Corp.

Wachovia Corp. is making changes to its controversial "pick-a-payment" mortgage loans and eliminating loans that can lead to higher loan balances over time for borrowers.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services

The Journal News

Financial stocks are big losers

The second quarter was a house of horrors for investors in bank and financial stocks that have been hit hard by bad loans and vanishing profits in a weak economy.

Comment?

Related Topix: Financial Services, Banking, Washington Mutual, KeyCorp, Foreclosures, Financial Markets

Charlotte Business Journal

Worst case: Buyout by domestic giant

Local Wachovia watchers are hopeful that if a merger is in the cards, it involves a foreign buyer.

Comment?

Related Topix: Banking, Financial Services, SouthTrust

Tue Jul 01, 2008

Blogging Stocks

Wachovia cans pay-what-you-want mortgage plan

Posted Jul 1st 2008 5:08PM by Zac Bissonnette Filed under: Wachovia Corp , Housing In a rare indication that there may be some reasonably intelligent executives running things at America's top banks, Wachovia ...

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

On Wall Street

Corporate Suites Turn Sour

The second quarter was a tumultuous one forLehman Brothers and Wachovia Corp., two of the country's leading financial institutions.

Comment?

Related Topix: Investment Banking, Financial Services, Investment Services, Banking, Lehman Brothers Holdings

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